NFL Players Union Strikes Deal to Help Athletes to Earn Crypto

In recent months, there’s been a clear trend among big crypto companies – including Coinbase, Binance, and a16z – looking to start their own “layer-2” blockchain solutions atop Ethereum: They’ve chosen OP Stack, from the team that created Optimism, to provide the open-source software building blocks for their new networks.On the surface, it might seem…

Nov 30, 2020 at 7:10 p.m. UTCUpdated Nov 30, 2020 at 7:22 p.m. UTC(NASA, modified by CoinDesk)5 Reasons Why Bitcoin Just Hit an All-Time High PriceBitcoin surged Monday to a new all-time high price of $19,864, extending its year-to-date rise to an astounding 170% during a 2020 that has seen tumultuous swings in global markets. Here…

news Messaging app LINE has officially launched a cryptocurrency exchange service for its 80 million users based in Japan, days after the platform received final regulatory approval. The Shinjuku-based messaging provider, which is 73.36-percent owned by South Korea’s Naver, said in a statement on Tuesday that the new exchange, dubbed Bitmax, is now live with trading…

AUSTIN, TEXAS – Web3 infrastructure and digital credential network Galxe (GAL) said Wednesday that it is crafting its own layer-1 smart contract platform called Gravity and will migrate all its products to the new blockchain.The first version of the network, built on the Arbitrum Nitro tech stack, will start in June to test cross-chain settlements

A global coordinated monetary ease campaign is underway Most asset classes are on the rise as a result, but bitcoin remains under pressure The crypto may need more than a handful of modest rate cuts before a new bull run can get started What if bitcoin bulls were told that Western central banks had embarked

The U.S. Securities and Exchange Commission settled charges with a former Coinbase (COIN) product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday.The former product manager, Ishan Wahi, and his brother, Nikhil Wahi, were arrested last year on charges of wire fraud conspiracy…

The $170 billion stablecoin supply could potentially underpin demand for tokenized Treasuries, Standard Chartered's Alexander Deschatres said. The Fed will likely cut rates on Wednesday, starting the so-called liquidity easing cycle. The Federal Reserve will likely cut interest rates this Wednesday for the first time since 2020, ending the most aggressive monetary policy tightening in

This post is part of Consensus Magazine’s Trading Week, sponsored by CME. Rajeev Bamra is a senior vice president and head of DeFI and digital assets at Moody’s Investors Service.Stablecoins, cryptocurrencies designed to hold a stable value through a peg to an underlying asset, such as the U.S. dollar, have gained popularity for their potential

The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos. According to court documents filed in a Florida court last week, CluCoin’s founder – 40-year-old Austin Michael Taylor of Maryland – admitted to regularly transferring funds earmarked for CluCoin-related projects to